Latest Points % Chg. MARKETS TODAY ICICI BANK 7.9 … Corporate Announcements & Financial Scoreboard Tata Metaliks to set up skill development centre in Bengal (Rs.416, -1%) Tata Metaliks

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16-Sep-16

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* At 08:20 a.m. IST on 19-Sep-16

WORLD INDICES & INDIAN ADRs (US$)

19 September 2016

Sushil Financial Services Private Limited Member BSE : SEBI Regn.No. INB/F010982338 | NSE : SEBI Regn.No.INB/F230607435. Regd. Office : 12, Homji Street, Fort, Mumbai 400 001. Phone: +91 22 40936000 Fax: +91 22 22665758 Email : [email protected]

Please refer to important disclosures at the end of the report For private Circulation Only.

EQUITY

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SENSEX 28,599.0 0.7 21.3 2.8

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CNXMIDCAP 15,336.3 0.0 33.9 2.2

16-Sep-16

*Source: Bloomberg

COMMODITIES

Latest Points % Chg.

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FII ACTIVITIES IN DERIVATIVES 16-Sep-16

FII Net Buy (Rs.

Crs)

Open

Interest

Ch. in Open

Int. (DOD)Index Futures 426.9 31142.2 1.1

Index Options 779.3 86139.7 1.8

Stock Futures (522.0) 61464.7 1.5

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NET INFLOWS (Rs. Crs.) 15-Sep-16

NET MTD YTD

FII 346.0 1199.5 41867.6

MF** (185.1) (836.6) 9272.5

*YTD From January till date **As on 12-Sep-16

16-Sep-16

Closing % Chg.

Dollar Index 95.9 (0.26)

Rs. / $ 67.0 (0.06)

Rs. / EURO 75.2 (0.17)

Rs. / UK Sterling 88.2 (0.46)

EXCHANGE RATE

G.SEC. YIELD 16-Sep-16

Yield (%)

GS CG2025 8.2% 6.87

US 10 Year Gsec 1.69

MARKETS TODAY Indian indices are likely down tracking poor global cues. Investors will look for clarity from the US Fed Reserve on the timing of the next interest rate hike, with many expecting a rise in Sept was unlikely following a series of lower-than-expected economic data. Resistance is seen at 8806 levels & support is seen at 8756 levels. Stock watch: IFCI, Max Fin, Maruti, Trent, Vipul, Petron, SIB.

KEY OVERNIGHT DEVELOPMENTS Wall street fell on Fri as the possibility of a USD 14 billion fine against Deutsche Bank weighed on big banks and investors wrestled with lingering uncertainty about when the US Federal Reserve will hike interest rates. Caution gripped Asian shares on Mon ahead of central bank meetings in the United States and Japan this week, while oil prices bounced on talk of an OPEC deal on output and reports of fighting around Libyan oil ports. MUST KNOW….

Tata Metaliks to set up skill development centre in Bengal (Rs.416, -1%)

Bharat Fin up on completion of securitization transaction (Rs.753, -1%)

Den Networks to consider pref issue on Sept 20; shares up (Rs.78, +8%)

Union Bank of India raises Rs.1,000 cr via AT1 bonds (Rs.141, -2%)

Risks could prompt downward revision of guidance: Infosys (Rs.1060, +2%)

Indigo enters partnership with Travelport (Rs.868, -0.3%)

FY17 margin likely to be in-line with FY16: Kaveri Seed (Rs.353, +2%)

Polyplex up, completes acquisition of Peninsula Beverages (Rs.296, +3%)

800 acres of land not to go to demerged entity: Orient Paper (Rs.77, -3%)

Do not need money for capex over next 2-3 yrs: Advanced Enzyme (Rs.1618, +5%)

Suzlon bags order from Oil India for 52.50 MW proj capacity (Rs.16, +1%)

Condom maker Cupid sees revenue growing at 20% in FY17 (Rs.309, -4%)

Aurionpro shares jump on acquisition of Spikes Security (Rs.131, +9%)

Reliance Defence gets all-clear to participate in projects: Srcs (Rs.57, +2%)

See margin in the range of 18-22% in FY17: Chartered Logistics (Rs.21, -0.2%)

Hero MotoCorp shares up as unit raises Rs.1,002 cr (Rs.3585, +2%)

Sufficient interconnect points for Jio, can augment more: BSNL

Prabhat Dairy to export cheddar cheese to Iraq (Rs.91, -0.4%)

Themis Medi up on pact with US co for injectable products (Rs.592, +6%)

Petron Engineering gets LOI from Shree Cement for Rs.50 crore contract (Rs.158, -2%)

RJio blames Airtel for two crore call failures a day

Motherson Sumi raises Rs.1,993 crore via QIP issue

‘Tata Metaliks raising capacity to cash in on growing urbanisation’

Axis Bank buys 13.67% in Asset Care and Reconstruction Enterprise

RCom to sell tower business to Brookfield

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Corporate Announcements & Financial Scoreboard Tata Metaliks to set up skill development centre in Bengal (Rs.416, -1%)

Tata Metaliks Ltd, a subsidiary of Tata Steel, signed a memorandum of understanding with Paschim Banga

Society for Skill Development (PBSSD) to set up a Skill Development Centre (SDC) in Midnapore district of

West Bengal. As part of corporate social responsibility and affirmative action initiative, it has signed the

MoU with PBSSD, a Tata Metaliks Ltd (TML) statement said here. The MoU was signed by Sanjiv Paul,

Managing Director, TML and PBSSD in the presence of Chief Minister Mamata Banerjee at Nabanna, the

state's administrative headquarters. The Chief Minister expressed her happiness on the occasion and

assured full support for the success of the skill development centre, the statement said. This initiative will

equip the underprivileged youths of the local community in and around TML's plant at Kharagpur with skills

that will enable them to earn a sustainable livelihood either through employment or as entrepreneurs, it

said. The centre will operate from a building belonging to PBSSD located within the campus of ITI,

Midnapore. TML will train 1,000-1,200 youths annually through a reputed National Skill Development

Corporation (NSDC) approved training partner in short-term vocational courses. The initial focus will be on

plumbing, electrician, carpentry, beauty & wellness, hospitality and security courses. The trainees will also

be provided soft skills and basic computer training.

Bharat Fin up on completion of securitization transaction (Rs.753, -1%)

Share price of Bharat Financial Inclusion added Fri as it has completed a securitization transaction of Rs.108

crore. With this, the company has completed three securitization transactions aggregating to Rs.852.44

crore in FY17. "The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India's

Priority Sector lending guidelines. The pool has been rated AA (SO) by a leading rating agency, signifying a

'high degree of safety regarding timely servicing of financial obligations'. Such instruments carry very low

credit risk," as per company release.

Den Networks to consider pref issue on Sept 20; shares up (Rs.78, +8%)

Shares of Den Networks surged Fri as it going to raise money via issue of equity shares on preferential basis.

The company's board meeting is scheduled to be held on Sept 20, 2016, to discuss and approve proposal for

preferential issue of equity shares to a leading global financial investors. The investors will form part of the

persons belonging to non promoter category and is subject to approval of the board of directors,

shareholders and in compliance with the all applicable laws. The company has registered a net loss of

Rs.57.31 crore in the quarter ended June versus net loss of Rs.50.75 crore for the same quarter of last fiscal.

Union Bank of India raises Rs.1,000 cr via AT1 bonds (Rs.141, -2%)

State-owned Union Bank of India said it has raised Rs.1,000 crore by issuing additional tier-I (AT1) bonds.

The Bank has on Sept 15, 2016 issued 10,000 non-convertible, unsecured subordinated Basel III compliant

perpetual debt instruments eligible for inclusion in additional tier 1 (AT1) capital," the bank said in a

regulatory filing. The bonds are issued for face value of Rs.10 lakh each at par aggregating to Rs.1,000 crore

on private placement basis bearing 9.50% per annum coupon payable annually, it added. The AT1 bonds are

rated 'IND AA' by India Ratings and CARE AA by Credit Analysis & Research Ltd (CARE).

Risks could prompt downward revision of guidance: Infosys (Rs.1060, +2%)

Infosys may slash its revenue guidance for the second time this fiscal, stung by "risks" like challenges in the

banking and financial services sector and cancellation of projects. However, in the short term, the

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Bengaluru-based company remains confident of a "better" second quarter compared to the April-June,

2016 period. "We see that our Q2 growth is going to be higher than Q1 growth. But we do see risks that

would get us toward territory of downward revision of guidance because the atmosphere during the course

of Q2 has worsened compared to what we saw in the beginning of Q2, you see the example of RBS," Infosys

CEO Vishal Sikka said at the JP Morgan India Investor Summit. Infosys had earlier said it will ramp-down

about 3,000 jobs following Royal Bank of Scotland's decision to cancel its project to set up a separate bank

in the UK. While announcing its first quarter earnings, Infosys had slashed its annual sales growth guidance

to 10.8-12.3% in US dollar terms for 2016-17, down from the previous forecast of 11.8-13.8%. Sikka

admitted there were "some internal execution issues" that had impacted its performance in the first

quarter of this fiscal but added that those issues have been resolved. "...this was purely because of internal

reasons, because of execution reasons... we have made changes to the management and over the course of

Q2, we have arrested the de-growth that we saw in consulting," he said. Infosys, which is expected to

announce its earnings for the July-Sept 2016 period in October, said some elements of its business tend to

flow in towards the end of the quarter. "So we will only know more than this when we do the earnings in

the second week of October. We would have factored in, at that time, the impact of RBS and many other

projects that we are ramping up," he added. Top IT firms like TCS and Infosys have highlighted certain issues

like softness in the BFSI sector and the cautious approach of clients in the wake of Britain voting to leave

the European Union could impact their performance. "We do see some challenges in BFSI but not nearly to

the degree to what some other folks have talked about. RBS we have talked about, there are few clients in

Europe which are seeing downward pressure but at the same time there are many that are growing

significantly for us," Sikka said. He added that the US is witnessing a similar trend. "A couple of clients have

declined but at the same time there are some that are growing very nicely for us. So I don't see it in the

negative sense," he said.

Indigo enters partnership with Travelport (Rs.868, -0.3%)

Domestic budget carrier IndiGo has partnered with travel commerce platform Travelport to distribute its

fares and ancillary products to portal's customers. This distribution platform will enable IndiGo to provide

its content via an API (application program interface) connection than the more traditional fare filing

methods, IndiGo said in a release. The strategic partnership will also help IndiGo reach customers in

international markets as it continues to expand its route network into destinations in the Indian

Subcontinent, the Middle East and South East Asia, according to the release. "This arrangement with

Travelport will allow us to reach new customers, both at home and overseas, in a cost-effective manner

without incurring the traditional costs associated with participating in global distribution platforms, using

old style industry mechanisms and instead, enabling our real time connectivity to the GDS platform via an

XML API link," IndiGo President Aditya Ghosh said. Travelport offers fully integrated, industry leading

merchandising capabilities and is used extensively by travel agencies in India as well as other key target

markets for IndiGo. The Gurgaon-headquarterd airline by domestic market share, IndiGo currently operates

a fleet of 112 aircraft including the new Airbus A320 Neos. This is the first time that IndiGo has struck a deal

with a global GDS (Global Distribution System) player. Through the strategic partnership, the airline will also

use Travelport's leading merchandising capabilities to bring IndiGo's brand proposition to life for travellers

arriving into India and then seeking domestic flights within the country, it said. "IndiGo has selected

Travelport as its global distribution partner. It is very news for all of our connected travel agencies in India

and around the world," Travelport's managing director for Air Commerce Derek Sharp commented on the

tie-up with IndiGo.

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FY17 margin likely to be in-line with FY16: Kaveri Seed (Rs.353, +2%)

The price cap has had an impact on margins this year, says G Vijay Kumar, CFO, Kaveri Seed. Kaveri Seed is

targeting to achieve FY17 margin in-line with FY16, said G Vijay Kumar, CFO of the company. Speaking to

media, he said price cap has had an impact on margins this year. The company reported almost a 30% drop

in its net profit in the quarter ended June.

Polyplex up, completes acquisition of Peninsula Beverages (Rs.296, +3%)

Shares of Polyplex Corporation surged as it has completed acquisition of entire equity stake in its step down

subsidiary Peninsula Beverages and Foods. The company has acquired this stake from its wholly owned

subsidiary Polyplex (Asia) Pte, Singapore. With this acquisition Peninsula Beverages has become direct

wholly owned subsidiary of the company. The company's 31st annual general meeting (AGM) will be held

on Sept 29, 2016.

800 acres of land not to go to demerged entity: Orient Paper (Rs.77, -3%)

Orient Paper is going to undertake a rights issue worth Rs.50 crore, says company Managing Director ML

Pachisia. It also plans to demerge its electrical consumer business into a separate entity. The 800 acres of

land with the company will remain with the parent company and will not go to the electrical business

company. Pachisia says the company has around Rs.400 crore worth of debt in its books. It will be divided

between the companies on a certain accounting formula, he says. The demerger may take around 9-12

months he says. He cannot give a timeline for listing of the demerged entity.

Do not need money for capex over next 2-3 yrs: Advanced Enzyme (Rs.1618, +5%)

The company doesn't need any money for capex over next two-three years, said CL Rathi, Managing

Director of Advanced Enzyme Technologies. Advanced Enzyme is looking at replacing chemicals with

enzymes in nutrition business, said Rathi. Speaking to media, he said there is huge opportunity for

expansion.

Suzlon bags order from Oil India for 52.50 MW proj capacity (Rs.16, +1%)

Energy solution provider Suzlon Group announced that it has won its maiden order from Oil India Ltd(OIL)

for 52.50 MW project capacity. The project is capable of providing power to over 28,000 households and

offsetting 0.11 mn tonnes of CO2 emissions per annum, it said. Suzlon will provide a comprehensive range

of services and dedicated life cycle asset management services for an initial period of 10 years. The projects

will be located in Madhya Pradesh and Gujarat and are scheduled to be completed by Jun 2017. The order

comprises Suzlon's latest product offerings- the S111 90m tubular tower and S97 120m hybrid tower with a

rated capacity of 2.1 MW each, the company said in a statement. "We are witnessing increasing traction in

investments in renewables by leading PSUs. This order win is a testament of Oil India's confidence in

Suzlon's technology and execution capabilities," Suzlon Group CEO J P Chalasani said. The innovative S9X

series product portfolio is designed to optimally harness the available wind resources and deliver higher

energy and return on investment to customers.

Condom maker Cupid sees revenue growing at 20% in FY17 (Rs.309, -4%)

Condom manufacturer and supplier Cupid Limited got listed on the NSE today and the management is

upbeat on the company's business and expects FY17 to be better than FY16. In an interview with media,

Om Garg, CMD of Cupid said that he expects a 20% revenue growth for FY17 and aims to sustain its margins

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at around 40%. He further said that the company is running at full capacity and has launched a new product

which is a water-based lubricant jelly.

Aurionpro shares jump on acquisition of Spikes Security (Rs.131, +9%)

Aurionpro Solutions shares gained Fri on completion of acquisition of Spikes Security Inc. Subsequently, the

company merged Spikes with its enterprise security division. "The Silicon Valley based subsidiary for

enterprise security will operate under the new brand name of 'Cyberinc - An Aurionpro Company' and will

be headquartered in Los Gatos, California," the Mumbai-based IT solutions provider said in its filing. Spikes

Security is a pioneer in malware isolation with its innovative product Isla that aims to deliver 100% web

freedom through its technology. "With the formation of Cyberinc, we are very well positioned to succeed in

the USD 75 bn global market for information security," Samir Shah, CEO of Aurionpro said.

Reliance Defence gets all-clear to participate in projects: Srcs (Rs.57, +2%)

In what could be good news for Reliance Defence and Engineering, sources have told media that the

Defence Acquisition Council has cleared the capacity assessment of the company which now makes it

eligible to participate in defence projects. Sources say that Reliance Defence plans to participate in Rs.3 lakh

crore worth of navy projects.

See margin in the range of 18-22% in FY17: Chartered Logistics (Rs.21, -0.2%)

Will see 30-40% higher realisations once Goods and Services Tax (GST) is rolled out, says Lalit Kumar

Gandhi, MD of Chartered Logistics. He expects FY17 profit at around Rs.15 crore. However, revenue should

increase to Rs.225-250 crore by FY18, he said. Speaking to media, he said that margins will be in the range

of 18-20% in FY17.

Hero MotoCorp shares up as unit raises Rs.1,002 cr (Rs.3585, +2%)

Shares of Hero MotoCorp rose after its unit Hero FinCorp raised Rs.1,002 crore from private equity firms

and also from its parent Hero Group to fuel expansion over the next 12-18 months. Hero FinCorp yesterday

raised Rs.1,002 crore from private equity firms ChrysCapital, Credit Suisse and also from its parent Hero

Group to fuel expansion over the next 12-18 months. ChrysCapital has invested Rs.570 crore, Hero Group

made an additional investment of Rs.300 crore and Credit Suisse of another Rs.132 crore. Post investment,

ChrysCapital will have 11% stake in Hero FinCorp while Credit Suisse will hold around 2.5% stake in the

NBFC. Hero MotoCorp and Munjal family have a combined holding of 79% in Hero Fin Corp. Hero MotoCorp

alone has a stake of 41% in the NBFC firm.

Sufficient interconnect points for Jio, can augment more: BSNL

Amid simmering tension and ongoing parleys between new entrant and private incumbent operators over

connectivity, state-owned telecom firm BSNL has said it has provided "sufficient points of interconnect" to

Reliance Jio and can augment it more based on requirement. Bharat Sanchar Nigam Ltd (BSNL) CMD

Anupam Shrivastava told that there has been no fresh request from Jio for increasing the capacity at points

of interconnect, and added, "should they make an enquiry, we will augment the capacity." "We have

provided sufficient points of interconnect to Jio... while Jio is providing voice calls free of cost, whenever

those calls land into BSNL network, we get interconnectivity charge of 14 paise... so it makes commercial

sense for us," he said. Interconnection between telecom networks is crucial as it enables mobile users to

make calls to subscribers of other operator. A mobile operator levies interconnection usage charge for each

incoming call it gets from a subscriber of another network. BSNL, which added 13.03 lakh wirless

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subscribers, second highest after Bharti Airtel in Jun 2016, said it has not experienced any call congestion

on its network, with regard to traffic coming from Jio. "We have provided PoI in all state headquarters for

Jio...in 20 locations at least PoIs have been provided for Jio and other operators," he said. Shrivastava said

he was not aware of any call failures between BSNL and Jio networks. "I don't think so...neither Jio has

informed us nor have we experienced it," he said. On allegation by private operators on "tsunami" of free

traffic purportedly being unleashed from Jio network, Shrivastava said, "whenever a new entrant comes, it

is always asymmetric and slowly it (the traffic) normalises. Symmetry gets established over a point of time."

At present, BSNL's market share is pegged at 8.65% of the wireless subscriber base. Bharti, the largest

mobile operator in India commands a market share of 24.71%, followed by Vodafone (19.26%) and Idea

(17.03%), as on Jun 2016. The three operators -- Bharti, Vodafone and Idea -- had locked horns with new

entrant Reliance Jio over points of interconnect but following TRAI's intervention and a warning from the

regulator on complying with service quality norms, they have agreed to augment capacity on network

ports. On Thurs, Vodafone became the third incumbent operator, after Idea Cellular and Airtel to agree to

increase connectivity points for Reliance Jio, a move that should logically pave the way for easy exchange of

calls between subscribers of Jio and other networks. Reliance Jio, which commercially launched services on

Sept 5, has accused the existing players of not releasing sufficient ports on their networks, thereby leading

to a situation where 75 of its calls are failing, out of every 100 call attempts.

Prabhat Dairy to export cheddar cheese to Iraq (Rs.91, -0.4%)

Integrated milk and dairy product company Prabhat Dairy has received its first export order for its cheddar

cheese to Iraq. The order is placed by a leading brand in Iraq, the company said in a release issued here

today. Prabhat Dairy has India's third largest cheese manufacturing plant at Shrirampur, Maharashtra,

which commissioned last year. A few months ago, it had exported their first order of sweetened condensed

milk to a leading ice cream brand in Dubai, said the release. Prabhat Dairy had already supplied its other

products like ghee, skimmed milk powder and whole milk powder to countries like Mauritius, Nigeria,

Malaysia, Algeria among others.

Themis Medi up on pact with US co for injectable products (Rs.592, +6%)

Healthcare company Themis Medicare shares rose Fri on pact with US company for injectable products.

"Themis and Nevakar LLC has signed an agreement to develop injectable products that will be further

developed, manufactured and commercialised by Nevakar in the US & select global markets," the pharma

company said in its filing. The New Jersey-based pharmaceutical firm Nevakar has expertise in

commercialising pharma products in the US as well as global markets for many years. Established in 1969,

Themis Medicare is in the field of finished dosage formulations and active pharmaceutical ingredients,

especially in the therapeutic segments.

Petron Engineering gets LOI from Shree Cement for Rs.50 crore contract (Rs.158, -2%)

Petron Engineering Construction Ltd has informed BSE regarding "Receipt of Letter of Intents (LOIs) from

M/s. Shree Cement Ltd., for Civil Work at their Cement Plants at Aurangabad, Bihar and at Gulbarga,

Karnataka for a total Contract Value of Rs.50 Crores. (apprx.)".

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Information of Bulk Deals – 16th Sept 2016 on BSE

Scrip name Name of Client BUY (B) / SELL (S)

Quantity Shares

Trade Price/ W Avg. Price

Abhiinfra Nikunj Sureshchandra Shah B 30,000 44.57

Abhiinfra Gopal Dhakiya Mudavat B 18,480 44.93

Abhiinfra Sachin Saxena S 16,685 44.95

Abhiinfra Gopal Dhakiya Mudavat S 19,305 44.44

Brpl Hem Sec Ltd B 1,00,000 39.5

Brpl Hem Chand Jain S 1,00,000 39.5

Bull Pankaj . Ganjoo B 30,000 23

Geetanj Bharat Hemraj Gajra B 29,126 11.89

Gujauto Manav Nareshbhai Patel B 9,017 245.41

Gujauto Arcadia Share & Stock Brokers Pvt. Ltd S 9,000 245.74

Gujauto Manav Nareshbhai Patel S 9,017 244.16

Iosystem Bipin Jeram Bhanushali B 1,00,000 3.76

Iosystem Ajay Rasiklal Shah Huf S 1,25,000 3.76

Kpel Sunita Bansal B 36,000 125

Kpel Aryaman Broking Limited S 48,000 125

Loyal Santosh Bhansali Huf B 2,32,000 17.85

Loyal Raj Mala Finlease (P) Ltd S 1,84,000 17.88

Loyal Hem Financial Services Ltd S 48,000 17.75

Mcdholding Jmp Securities Pvt Ltd B 1,13,907 34.12

Mcdholding Bp Fintrade Private Limited B 82,777 34.18

Mcdholding Jmp Securities Pvt Ltd S 94,407 33.95

Mcdholding Bp Fintrade Private Limited S 82,777 34.35

Mitsu Aryaman Broking Limited B 43,200 96.01

Mitsu Tia Enterprises Private Limited B 36,000 96.25

Mitsu Aryaman Broking Limited S 34,800 96.25

Narayani Nr Dhami Enterprise B 1,84,000 32.16

Narayani Kavita Shashi Choudhary S 1,44,000 31.91

Niraj Raju Gul Bijlani B 75,000 10.71

Niraj Mushtaqalibahadurpatel S 73,855 10.76

Palco Krishna Capital & Securit Ies L Td S 20,100 25

Prakashcon Aruna Prakash Laddha S 9,29,563 18.39

Pvvinfra K Venkateswarlu B 34,664 10.66

Pvvinfra Jhansi Sanivarapu B 55,000 10.67

Pvvinfra K Venkateswarlu S 46,945 10.65

Rciind Kamalesh Shantilalji Jain S 1,02,000 152

Rnbdenims Hem Sec Ltd B 40,000 15.06

Rnbdenims Prateek Jain B 1,00,000 14.5

Rnbdenims Hem Chand Jain B 4,10,000 14.63

Rnbdenims Hem Sec Ltd S 5,40,000 14.66

Saamyabio Shivjibhai Narayanbhai Dabhi B 2,39,822 7.26

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Saamyabio Mahesh Bhailal Parmar B 1,07,819 7.18

Saamyabio Ketan Jayantilal Karani B 1,50,000 7.35

Saamyabio Shivjibhai Narayanbhai Dabhi S 2,39,822 7.28

Saamyabio Mahesh Bhailal Parmar S 1,41,289 7.23

Scanpgeom Rajesh Chandubhai Thakkar B 2,00,200 22.25

Scanpgeom Karnavati Infrastructure Projects Ltd S 2,00,200 22.25

Stellar Tia Enterprises Private Limited B 9,06,000 10.04

Stellar Ifl Enterprises Limited S 9,06,000 10.04

Sunilhitec Ratnakar Manikrao Gutte S 96,135 293.65

Supratre Jignaben Alpeshbhai Shah B 3,000 10.27

Supratre Jitender Kumar Mittal S 3,000 10.27

Ttil Arpita Ilesh Patel B 1,21,934 38.44

Ttil Shamimhayder Sajjadhusain Sayyed B 21,500 46.15

Ttil Sunil Ramswarup Bagdi S 37,899 37.05

Ttil Fariyaad Issarar Hussain S 85,000 37.05

Ttil Arpita Ilesh Patel S 1,21,934 38.17

Ttil Mehdirazarizvi Sadaquat Hussain Syed S 38,500 46.15

Ubl Heineken International B V B 18,54,785 819.5

Ubl Yes Bank Limited S 18,54,785 819.5

Unitint Harshil Mayurbhai Shah B 80,326 7.98

Unitint Inventure Growth & Securities Ltd. B 50,106 7.93

Unitint Harshil Mayurbhai Shah S 56,776 7.91

Unitint Inventure Growth & Securities Ltd. S 60,106 7.93

Vgcl Hem Sec Ltd B 1,26,000 21.25

Vikramth Girik Wealth Advisors Private Limited B 28,088 91.57

Information Of Bulk Deals – 16th Sept 2016 On NSE

Scrip name Name of Client BUY (B) / SELL (S)

Quantity Shares

Trade Price/ W Avg. Price

Aban Offshore Ltd. Wisdmtree Issuer Plc - Wisdmtree Emr Mrkts Smll S 552646 205.28

Balkrishna Ind. Ltd Vanguard Funds Public Ltd Co Vangrd Ftse All Wor S 489151 828.49

C & C Constructions Limit L And T Infrastructure Finance Company Limited S 189904 28.55

Dewan Housing Fin Corp Mv Scif Mauritius S 1711435 284.2

HPCL Wisdomtree Issuer Plc - Wisdmtree Emr Mrkts Sml B 2018791 400.52

Kirloskar Electric Co Ltd Tarun Suresh Jain S 325000 62.25

Manappuram Finance Ltd Vanguard International Explorer Fund B 4565348 95.55

Mcdowell Holdings Limitd Arpit Jain Huf B 170000 34.08

Mcdowell Holdings Limitd Bp Comtrade Pvt Ltd B 97490 34.26

Mcdowell Holdings Limitd Bp Fintrade Private Limited B 244989 33.97

Mcdowell Holdings Limitd Chandarana Shares & Stocks Private Limited B 117943 34.32

Mcdowell Holdings Limitd Jmp Securities Pvt Ltd B 428117 34.11

Mcdowell Holdings Limitd Juggernaut Enterprises Private Limited B 94500 34.39

Mcdowell Holdings Limite Mukul Maheshwari Huf B 106050 33.36

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Mcdowell Holdings Limitd Arpit Jain Huf S 170000 34.07

Mcdowell Holdings Limitd Bp Comtrade Pvt Ltd S 95490 34.08

Mcdowell Holdings Limitd Bp Fintrade Private Limited S 244991 34.27

Mcdowell Holdings Limitd Chandarana Shares & Stocks Private Limited S 117943 33.64

Mcdowell Holdings Limitd Jmp Securities Pvt Ltd S 391667 33.96

Mcdowell Holdings Limitd Juggernaut Enterprises Private Limited S 94500 34.4

Mcdowell Holdings Limitd Mukul Maheshwari Huf S 101050 33.2

Prakash Constrowell Ltd Laddha Aruna Prakash S 1194671 18.42

Reliance Infrastructu Ltd Nordea I Sicav - Far Eastern Value Fund B 1715203 598.54

Rolta India Ltd. Wisdmtree Issuer Plc - Wisdmtree Emer Mrkts Sml S 917484 61.59

Sanco Industries Ltd. Vikas Malu S 67200 56.5

Sunil Hitech Engr Ltd Prafulla Subhashchandra Bhat B 106000 293.37

Sunil Hitech Engr Ltd Ratnakar Manikrao Gutte S 129891 294.19

Td Power Systems Ltd. Sofia M Khericha B 200000 189.75

Td Power Systems Ltd. Mohib N Khericha S 200000 189.75

Veto Switchgear Cable Ltd Brahmal Vasudevan B 93470 134.5

Vikas Ecotech Limited Goshar Dhanji Vasanji S 2605000 14.4

Snapshot of BULK DEALS in the previous week

Scrip name Name of Client BUY (B) / SELL (S)

Quantity Shares

Trade Price/ W Avg. Price

Aptech Limited Rajeshkumar Jhunjhunwala B 250001 142.71

Jubilant Foodworks Limite Morgan Stanley Mauritius Company Ltd S 430845 1083.67

Mblinfra India Midcap Fund (Mauritius) Limited S 2,28,500 76.2

Aptech Limited Rekha Rakesh Jhunjhunwala B 513056 155.51

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Disclosures Under SEBI (Prohibition Of Insider Trading) Regulations, 2015

Company Name Name of Acquirer / Seller Securities Held pre Transaction

Securities Acquired / Disposed Number Value Transaction Type

Securities held post Transaction

Period

Olympic Cards Ltd. H Noor Mohamed 5621565 (34.47) 875 Acquisition (34.48) 16/09/2016

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Rating Scale This is a guide to the rating system used by our Institutional Research Team. Our rating system comprises of six rating categories, with a corresponding risk rating.

Risk Rating Risk Description Predictability of Earnings / Dividends; Price Volatility

Low Risk High predictability/ Low volatility

Medium Risk Moderate predictability / volatility

High Risk Low predictability/ High volatility

Total Expected Return Matrix Rating Low Risk Medium Risk High Risk

Buy Over 15 % Over 20% Over 25%

Accumulate 10 % to 15 % 15% to 20% 20% to 25%

Hold 0% to 10 % 0% to 15% 0% to 20%

Sell Negative Returns Negative Returns Negative Returns

Neutral Not Applicable Not Applicable Not Applicable

Not Rated Not Applicable Not Applicable Not Applicable

Please Note

Recommendations with “Neutral” Rating imply reversal of our earlier opinion (i.e. Book Profits / Losses).

** Indicates that the stock is illiquid With a view to combat the higher acquisition cost for illiquid stocks; we have enhanced our return criteria for such stocks by five percentage points.

“Desk Research Call” is based on the publicly available information on the companies we find interesting and are quoting at attractive valuations. While we do not claim that we have compiled information based on our meeting with the management, we have taken enough care to ensure that the content of the report is reliable. Although we have christened the report as “Desk Research Calls” (DRC), we intend to release regular updates on the company as is done in our other rated calls.

For any information or suggestion, please contact the below mentioned…

Nishita Shah ([email protected])

Sushil Financial Services Private Limited Member BSE: SEBI Regn.No. INB/F010982338 | Member NSE: SEBI Regn.No.INB/F230607435.

Office: 12, Homji Street, Fort, Mumbai 400 001. Phone +91 22 4093 6000 Fax +91 22 2266 5758

“Research Analyst – SEBI Registration No. INH000000867”

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